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Revolut Stablecoin Payments Jump +156% as Real-World Use Grows
Yahoo Finance· 2026-01-14 08:11
Core Insights - The maturation of crypto infrastructure is evident as companies like Revolut report significant growth in stablecoin payments, indicating a shift towards mainstream adoption of digital currencies [3][4]. Group 1: Infrastructure and Adoption - Ordinary users require simple access to crypto technology, emphasizing the need for wallets and infrastructure investment for mainstream adoption [1]. - The growth of stablecoin payments on platforms like Revolut, which reached over $10.5 billion, reflects a 156% increase year-over-year, suggesting stablecoins are becoming preferred for cross-border transactions [3][5]. - The total crypto market cap remains below $3.5 trillion, indicating that the growth in stablecoin usage is not driven by speculative trading but rather by practical use cases [4]. Group 2: User Behavior and Payment Trends - Revolut's user base exceeds 65 million, with many users opting for dollar-pegged cryptocurrencies over traditional bank transfers, indicating a shift in payment preferences [6]. - Most stablecoin transactions on Revolut are between $100 and $500, suggesting that these payments are for everyday spending rather than large-scale investments [6]. - Stablecoins are addressing real-world problems by providing faster and cheaper cross-border transactions compared to traditional bank transfers, which can be slow and costly [7].
X @Avalanche🔺
Avalanche🔺· 2025-12-20 17:35
RT citizenthree🔺 (@turkcrazy07)After gaining strong momentum in Asia, Avalanche now seems to be turning its focus toward one of traditional finance’s strongest hubs: Abu Dhabi and the wider MENA region.This isn’t a simple regional expansion.It’s part of a much bigger vision.“Abu Dhabi Finance Week was a turning point for Avalanche… we support the region’s ambitions.”That single line says a lot.This isn’t just a tech move , it’s a clear ambition to sit at the center of an economic transformation.Don’t mistak ...
ANON Signs LOI to Acquire up to 100 Crypto Mining Rigs
Thenewswire· 2025-12-15 14:00
Core Insights - Anonymous Intelligence Company Inc. has entered into a Letter of Intent to acquire up to 100 operational cryptocurrency mining rigs from Nowlit Solutions Corp for a total consideration of up to $400,000 [1][2] - The acquisition aims to enhance ANON's infrastructure and support its decentralized technology and digital asset strategy [1][4] - Following the transaction, ANON and Nowlit plan to establish a commercial agreement for product development and branding initiatives, including a cryptocurrency cloud mining application [2][4] Financial Details - The total consideration for the transaction is expected to be up to $400,000, payable through a combination of cash and common shares of ANON [2] - ANON may issue 1,000,000 common shares to Nowlit, exercisable at the higher of $0.45 per share or the market price at the time of signing the definitive agreement [2] Strategic Implications - The acquisition is seen as a commitment to building tangible, revenue-driven assets within the blockchain ecosystem [4] - The transaction is expected to enhance ANON's operational output and position the company for future integrations and scalable growth [4] Regulatory and Completion Conditions - Completion of the transaction is subject to satisfactory due diligence, execution of a definitive agreement, and regulatory approvals, including from the Canadian Securities Exchange [3]
X @AscendEX
AscendEX· 2025-11-28 14:00
Partnership Announcement - AscendEX partners with Ice Open Network [1] - Collaboration aims to drive innovation in decentralized technology [1] Technology Focus - Ice Open Network is a fast and scalable Layer-1 blockchain [1] - Ice Open Network focuses on user empowerment with control over data, identity, and digital interactions [1] - Goal is to bring the Internet on-chain [1]